2016 MAD to HRK Historical Review

YEARLY HIGH

0.7145 HRK

YEARLY LOW

0.6821 HRK

YEARLY AVERAGE

0.6943 HRK

2016 MAD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MAD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.7145. Conversely, the yearly low was recorded on April 12, dropping to 0.6821.

This high-to-low spread represents a total annual volatility of 0.0324 HRK. From a start-to-finish perspective, comparing the January average rate of 0.7114 to the December average rate of 0.7072, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7145 was down 0.40% compared to the 2015 peak of 0.7174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MAD based on timing:

Yearly Peak High 3,572 HRK

2015 Average 3,518 HRK

Yearly Trough Low 3,411 HRK

Transaction Impact: A difference of 161.98 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7140

0.6820

JanuMarcMayJulySeptNove

MAD to HRK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6950, compared to 0.6936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.6950

H2 Avg (Jul–Dec) 0.6936

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0208 HRK (High: 0.7070 / Low: 0.6862). On the other end, April was the most stable month, with a tight range of 0.0052 HRK (High: 0.6873 / Low: 0.6821).

March Spread (Volatile) ±0.0208

April Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0107 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7114) against the same month in 2015 (average: 0.7059), the exchange rate shifted by +0.0054 (+0.77%).

2016 Avg (January) 0.7114

2015 Avg (January) 0.7059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7145	0.7083	0.7114
February	0.7112	0.6987	0.7034
March	0.7070	0.6862	0.6954
April	0.6873	0.6821	0.6847
May	0.6939	0.6825	0.6861
June	0.6950	0.6826	0.6888
July	0.6945	0.6849	0.6898
August	0.6891	0.6827	0.6862
September	0.6908	0.6852	0.6876
October	0.6965	0.6873	0.6920
November	0.7065	0.6886	0.6987
December	0.7117	0.7010	0.7072